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Cromwell Road, Grimsby, Lincolnshire DN31

Yorkshire

£55,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This property presents a compelling opportunity for investors or DIY enthusiasts looking to make their mark. Featuring three bedrooms and ample living space, including distinct areas for both living and dining, the home boasts a layout that can be reimagined with thoughtful renovation. The kitchen and bathroom are functional but may benefit from modern updates to enhance their appeal. The generous rear garden offers potential for landscaping or extension, subject to planning permissions. Situated in Yorkshire, this property is available via the Modern Method of Auction, which facilitates a streamlined transaction process while allowing buyers to explore financing options within 56 days of an accepted offer. It comes with a Buyer Information Pack that is essential for due diligence, ensuring you're well-informed before making a bid. This represents not just a home but a canvas awaiting your vision.

Investment Analysis

(DN31 area)
Area Average
£87/sq ft
Avg Rent (weekly)
£134
Avg Yield
8.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DN31)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -12.5%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on DN31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cromwell Road, Grimsby, Lincolnshire DN31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£196
Based on a loan of £41,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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